Killam Properties Inc. Announces December 2015 Dividend

Killam Properties Inc. Announces December 2015 Dividend

ID: 440125

(firmenpresse) - HALIFAX, NOVA SCOTIA -- (Marketwired) -- 12/16/15 -- Killam Properties Inc. (TSX: KMP) is pleased to announce that its board of directors has declared a dividend pursuant to Killam's monthly dividend policy. The dividend of $0.05 per common share will be paid on January 15, 2016, to shareholders of record on December 31, 2015.

Killam Properties Inc., based in Halifax, Nova Scotia, is one of Canada's largest residential landlords, owning, operating and developing multi-family apartments and manufactured home communities. On December 8, 2015, Killam received shareholder approval to convert to a real estate investment trust ("REIT"). Subject to obtaining all required approvals and satisfying all required conditions, the REIT conversion is expected to become effective on January 1, 2016.

Note: The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein.



Contacts:
Killam Properties Inc.
Dale Noseworthy, CPA, CA, CFA
Vice President, Investor Relations and Corporate Planning
(902) 442-0388



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Bereitgestellt von Benutzer: Marketwired
Datum: 16.12.2015 - 19:00 Uhr
Sprache: Deutsch
News-ID 440125
Anzahl Zeichen: 0

contact information:
Town:

HALIFAX, NOVA SCOTIA



Kategorie:

Commercial Real Estate



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